Welcome to modern Fredericksburg living with room to breathe, a sense of community and a touch of countryside calm. That all comes to life at 102 Liberty Hall Drive, a 2021-built Atlantic Builders Lewis model set on a generous 1.5-acre lot in sought-after Liberty Hall Estates. This is a neighborhood known for its space between homes, its peaceful feel and thoughtful design, with every lot at least 1.5 acres. A covered front porch greets you along the asphalt driveway, which includes a convenient side-load garage plus an additional single front-load bay for a total of 3 spaces. Boxwoods line the entry for lovely curb appeal. Out back is where the property truly opens up: a fenced yard edged by mature trees with a see-through fence line that maximizes views, a wide back gate, and a sprawling stone patio added just two years ago. Cherry blossom trees, raised garden beds set in a dedicated mulch area and bistro lights that convey all set the stage for quiet mornings, garden days and easy entertaining. The bright farmhouse exterior features white Hardie plank siding with black trim, a 30-year roof and upgraded elevation details. Inside, the main level begins with a foyer flanked by the dining room and a front office, leading into an open great room that blends living, dining and kitchen spaces. Luxury vinyl plank flooring spans the level. The sellers added a picture window overlooking the woods and a gas fireplace for warmth and ambiance. The kitchen features white quartz counters, white cabinetry with black hardware, stainless steel appliances with a gas range and a sizable walk-in pantry. A sliding glass door leads directly to the back. Behind the kitchen, a mudroom connects to both garages and includes storage components. Upstairs, four bedrooms and a loft await. The primary suite includes double-door entry, a tray ceiling, walk-in closet, a bumpout with three windows and ensuite bath with dual vanities, linen closet and 13-inch ceramic tile. Two additional bedrooms have walk-in closets, and one secondary bedroom has direct access to the hallway bath, which includes double sinks and a tub/shower combo. The loft - used as an office - enjoys a picture window that frames the back woods and annual visits from blue jays. The laundry room is conveniently positioned near the primary suite. The partially finished basement offers a huge rec room, an additional finished room, rough-in for a future bath and a large unfinished area that could become a legal bedroom. The walk-up exit is extra wide too! The space has hosted gaming sessions, arcade fun, movie nights and more – so many possibilities! An EV charger is installed in one garage, and the home includes an insect-control system and exterior propane tank. Set just off Truslow Road, this is minutes from everyday conveniences and will be mere moments from a new high school and elementary opening in 2026! Oodles of grocery, shopping and dining selections await along Route 17 within 10 minutes; two I-95 exits (Route 17 and Centreport Parkway) are approximately 5 minutes away; and the heart of Downtown Fredericksburg is within 10 minutes. 102 Liberty Hall Drive is a stylish, spacious and thoughtfully upgraded home ready to welcome its next chapter!
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
